Re: Geez, it's GOOD to be the king!
Problem is, the Board of Directors get in cahoots with their CEO. It gets incestuous. Supposedly, the BOD represents the stockholder. I say it is not in the interests of the stockholder or the capatalist system to have inordinate bucks go to the CEO & cronies. My partner and I started a hi-tech company 18 months ago, and we've raised $16M of VC money. We went without salary for months and we pay several employees more than we get paid. Of course, we have the most stock.